Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BANCOINDIA) Banco Products complete technical analysis [charts+indicators] | Buy/Sell Banco Products | (BANCOINDIA) share price targets

Complete technical analysis of Banco Products (BANCOINDIA) by charts plus indicators, forecast predictions and share price targets for Banco Products (BANCOINDIA)

Banco Products trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Banco Products is 67229

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	599.05	593.25	609.00	589.95	1.187 times
15 Mon Apr 2024	595.70	575.05	608.45	575.05	1.541 times
12 Fri Apr 2024	608.75	619.95	623.00	604.95	0.81 times
10 Wed Apr 2024	619.95	619.50	625.00	610.65	0.576 times
09 Tue Apr 2024	616.45	622.05	630.00	610.50	0.804 times
08 Mon Apr 2024	621.30	633.95	633.95	620.00	0.769 times
05 Fri Apr 2024	630.00	627.95	633.45	622.70	0.784 times
04 Thu Apr 2024	627.20	635.10	640.00	624.00	1.007 times
03 Wed Apr 2024	634.25	609.90	638.95	601.15	1.615 times
02 Tue Apr 2024	604.55	604.35	610.00	600.70	0.889 times

My analysis of stock is bearish for shortterm, and stock might move down till 584.5 or till 563.4. Use a stoploss of 602.12 and if the stock hits stoploss, then it can shoot up till 619.74

Share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Target	512.00
Downside Target	535.65
Downside Target	567.30
Downside Target	594.50
Upside Target	620.10
Upside Target	633.95
Upside Target	640.00
Upside Target	676.25
Upside Target	681.45
Upside Target	729.90
Upside Target	733.95

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type	Value
Downside Intraday Target	579.73
Downside Intraday Target	560.42
Upside Intraday Target	613.68
Upside Intraday Target	628.32
Downside Intraday Target	594.37

Weekly technical analysis of Banco Products (BANCOINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	599.05	575.05	609.00	575.05	0.922 times
12 Fri Apr 2024	608.75	633.95	633.95	604.95	0.538 times
05 Fri Apr 2024	630.00	599.95	640.00	594.50	1.224 times
28 Thu Mar 2024	596.95	584.05	607.60	570.10	0.548 times
22 Fri Mar 2024	584.05	572.95	614.20	567.30	0.705 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Banco Products (BANCOINDIA)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	599.05	599.95	640.00	575.05	0.378 times
28 Thu Mar 2024	596.95	670.20	681.45	512.00	0.493 times
29 Thu Feb 2024	663.55	714.90	729.90	620.10	1.056 times
31 Wed Jan 2024	714.85	639.15	733.95	619.05	1.071 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Banco Products (BANCOINDIA)

Price action analysis of Banco Products ( (BANCOINDIA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Banco Products ( (BANCOINDIA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Banco Products ( (BANCOINDIA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Banco Products stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Banco Products in short term but the buy signal is initial and weak.

Banco Products Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Banco Products in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Banco Products is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 615.1 and Banco Products (BANCOINDIA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Banco Products (BANCOINDIA) stock. Volume based technical analysis of Banco Products (BANCOINDIA) stock is negative.

Banco Products Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.